Is 89015, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 89015 has remained a Seller's Market.
Key Takeaway
89015 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89015, NV
How much do homes in 89015, NV cost?
Median Sold Price
$414,757
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in 89015 has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $159.2K | $183K | +14.9% |
| 2 Bedrooms | $250K | $289K | +15.6% |
| 3 Bedrooms | $410.1K | $409.6K | -0.1% |
| 4 Bedrooms | $458.5K | $477K | +4.0% |
| 5+ Bedrooms | $622.4K | $652.5K | +4.8% |
Summary: 89015 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.9%, 2 bedroom homes increased by 15.6%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in 89015, NV
How many homes are available in 89015, NV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 293 | 283 | -3.4% |
Summary: The 89015 real estate market had 283 homes for sale in March 2024, a 3.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 34 | 34 | 0.0% |
| 3 Bedrooms | 188 | 178 | -5.3% |
| 4 Bedrooms | 56 | 59 | +5.4% |
| 5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The 89015 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 5.4%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 78 | 66 | -15.4% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
24 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89015, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 66 homes were sold or pending in 89015 in March 2024, down by 15.4% month-over-month. Of the 66 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.
Days on Market for 89015, NV
How long does it take to sell a home in 89015, NV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 69 Days | 59 Days | -14.8% |
Summary: Homes in 89015 had an average of 59 days on market in Mar 2024, down by 14.8% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89015 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 66 homes were sold in 89015; 56% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.